Hardest hit of the world's major markets thus far today is Canada's TSX Composite, off 2.1% in...

|By:, SA News Editor

Hardest hit of the world's major markets thus far today is Canada's TSX Composite, off 2.1% in early trade after the Bank of Canada's surprisingly hawkish policy statement. There's no reward (yet) for conservative bank policy, the MSCI Canada Index (EWC) has underperformed the S&P 500 by more than 1,100 basis points over the last year.